After raising tariffs on U.S. imports to 125% on Friday, China stated it would no longer engage in numerical games with the U.S. This tariff increase is a response to Trump raising tariffs on Chinese goods to 145%. However, the Treasury Department stated that if Trump further increases tariffs, China will not respond anymore. 'Even if the U.S. continues to impose higher tariffs, it no longer has any economic significance and will only become a joke in the history of the world economy. If the U.S. continues to play numerical games with tariffs, China will no longer respond.' China can still take other forms of retaliation.
The tariff stick is no longer an option; we have all reached the point where I will no longer play with you, you can increase it as you wish.
The worst case scenario is actually beneficial; every subsequent drop in tariffs will be beneficial and lead to a surge.
Currently, from the perspective of the market, BTC is likely to continue to rise; it is still recommended to primarily focus on buying on dips unless it reaches daily resistance levels, at which point one might consider shorting.
The Federal Reserve's rate cut may occur in June, and once the rate cut is confirmed, the stock market and cryptocurrency market will inevitably surge. Everyone is advised that if there is a major pullback in April or May, you must be bold enough to get in and hold your assets. Wait for the surge after June to sell. This wave of surge should be coming to an end. $BTC
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币安王牌KOL专属群(五味子)